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How A $450 Million Loss Was Hidden From Sight



Published on 2019 December 13

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11 years after one of Europe’s biggest banking scandals, 13 executives have been sentenced and financial penalties of $175 million have been dealt. Bloomberg investigates how Deutsche Bank and Monte Dei Paschi cooked their books to make a half billion dollar loss disappear.

Reporting by Elisa Martinuzzi

For more about the Monte Paschi scandal:

#BWStorylines #TrueCrime

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